Bmo Equal Weight Etf Holdings Turnover
| ZUB Etf | CAD 26.53 0.22 0.84% |
BMO Equal Weight fundamentals help investors to digest information that contributes to BMO Equal's financial success or failures. It also enables traders to predict the movement of BMO Etf. The fundamental analysis module provides a way to measure BMO Equal's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to BMO Equal etf.
BMO |
BMO Equal Weight ETF Holdings Turnover Analysis
BMO Equal's Holding Turnover is calculated by adding up all the transactions for the year, dividing it by 2 and then dividing it again by the total fund holdings. Holding Turnover is the rate at which funds or ETFs replace their investment holdings on an annual basis. In other words it measures how quickly a fund turns over its holdings during the fiscal year.
Current BMO Equal Holdings Turnover | 57.04 % |
Most of BMO Equal's fundamental indicators, such as Holdings Turnover, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, BMO Equal Weight is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Investor can think of Holding Turnover as a percentage of a fund's assets that have turned over in the past year. Typically, a high annual turnover ratio implies that fund managers made a lot of buying and selling. The higher the annual turnover, the higher the expense ratio for the fund.
| Competition |
According to the company disclosure, BMO Equal Weight has a Holdings Turnover of 57%. This is much higher than that of the BMO Asset Management Inc family and significantly higher than that of the Financial Services Equity category. The holdings turnover for all Canada etfs is notably lower than that of the firm.
BMO Holdings Turnover Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses BMO Equal's direct or indirect competition against its Holdings Turnover to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of BMO Equal could also be used in its relative valuation, which is a method of valuing BMO Equal by comparing valuation metrics of similar companies.BMO Equal is currently under evaluation in holdings turnover as compared to similar ETFs.
Fund Asset Allocation for BMO Equal
The fund invests 99.45% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides BMO Equal's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
BMO Fundamentals
| Beta | 1.78 | |||
| Total Asset | 451.49 M | |||
| Annual Yield | 0.04 % | |||
| One Year Return | 28.10 % | |||
| Three Year Return | (6.20) % | |||
| Five Year Return | 1.30 % | |||
| Ten Year Return | 5.00 % | |||
| Net Asset | 451.49 M | |||
| Last Dividend Paid | 0.13 | |||
| Holdings Turnover | 57.04 % | |||
| Equity Positions Weight | 99.45 % |
About BMO Equal Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze BMO Equal Weight's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of BMO Equal using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of BMO Equal Weight based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.| MSFT | Microsoft | |
| CRM | Salesforce | |
| GOOG | Alphabet Inc Class C |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in BMO Equal Weight. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. Note that the BMO Equal Weight information on this page should be used as a complementary analysis to other BMO Equal's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.